A dice game involves throwing three dice and betting on one of the six numbers that are on the dice. The game costs $11 to play, and you win if the number you bet appears on any of the dice. The distribution for the outcomes of the game (including the profit) is shown below: Find your expected profit from playing this game.
A) -$1.53
B) $11.20
C) $0.50
D) $5.96

Question

A dice game involves throwing three dice and betting on one of the six numbers that are on the dice. The game costs $11 to play, and you win if the number you bet appears on any of the dice. The distribution for the outcomes of the game (including the profit) is shown below:  Find your expected profit from playing this game.
A) -$1.53 
B) $11.20 
C) $0.50 
D) $5.96

Quizplus · Accepted Answer

The Answer of A dice game involves throwing three dice and betting on one of the six numbers that are on the dice. The game costs $11 to play, and you win if the number you bet appears on any of the dice. The distribution for the outcomes of the game (including the profit) is shown below:  Find your expected profit from playing this game.
A) -$1.53 
B) $11.20 
C) $0.50 
D) $5.96

A Dice Game Involves Throwing Three Dice and Betting on One